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On this page you'll find all of our stories on the city of Detroit.Suggest a story here and follow our podcast here.

Startup CEO says neighbors, not just millionaires, can invest in Detroit too

LESTER GRAHAM
/
MICHIGAN RADIO
Cooperative Capital wants to help neighbors invest in Detroit.

Out-of-state investors own many of the vacant homes in Detroit. Those homes sometimes sit empty until they are stripped by scrappers or burned down by arsonists.

But a new start-up called Cooperative Capitalis suggesting neighbors buy vacant houses, and it will help them do it.

Kwaku Osei is CEO of that project. He joined Stateside today to explain what this opportunity for Michiganders entails, and why he’s motivated to help residents invest in their city.

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